National Development and Reform Commission: The National Venture Capital Guidance Fund will increase investment in early-stage projects and companies in the fields of integrated circuits, artificial intelligence, aerospace, and low-altitude economy.

Today, the national venture capital guidance fund officially launched. The National Development and Reform Commission held a special press conference. At the meeting, Bai Jingyu, Director of the Innovation and High-Tech Development Department of the National Development and Reform Commission, stated that the guidance fund will continue to exert efforts in two aspects in the future. On the one hand, it will gather various social capital to integrate future industries into financial models. The guidance fund will work together with fund management institutions to focus on innovative and entrepreneurial regions, increasing investment in early projects and companies in areas such as integrated circuits, artificial intelligence, aerospace, low-altitude economy, biomanufacturing, and future energy to stimulate various financial institutions and private capital to invest together. On the other hand, it will gather various innovation elements to provide quality services for the development of innovative enterprises. In addition to providing financial support, the guidance fund will also build a high-quality, wide-reaching, and comprehensive creative investment service system. By establishing a national comprehensive service platform, value-added services such as corporate governance, strategic planning, human resources, and industry cooperation will be provided to invested companies, accompanying their long-term growth.